特朗普还没启程访华，中国突然公布黄金库存，美国霸权地位要不保

Core Viewpoint - China is increasing its gold reserves while reducing its holdings of US Treasury bonds, signaling a shift in its financial strategy amidst global economic uncertainties and the declining credibility of the US dollar [3][10][25]. Group 1: China's Gold Reserves - On December 7, the People's Bank of China announced its latest gold reserve data, revealing a total of approximately 21,013 tons, marking 13 consecutive months of increases [6][10]. - The continuous accumulation of gold is seen as a strategic move to diversify foreign reserves and enhance financial security, especially as the US faces a debt crisis [10][12]. - China's gold purchases are occurring despite rising international gold prices, indicating a commitment to strengthening its financial position [10][12]. Group 2: US Debt and Financial Stability - The US national debt surpassed $38 trillion in October, with interest payments nearing 20% of the federal budget, raising concerns about the safety of US Treasury bonds [6][8]. - The Federal Reserve's interest rate cuts have failed to restore market confidence, further damaging the dollar's credibility [8][14]. - There is widespread speculation that Trump's upcoming visit to China may involve requests for China to support US debt, but China's actions suggest a reluctance to comply [8][25]. Group 3: Global Financial Trends - The International Monetary Fund (IMF) reported that the dollar's share in global foreign exchange reserves fell to 56.32%, the lowest in 30 years, indicating a decline in its dominance [14][20]. - Emerging economies, including India and Saudi Arabia, are increasingly diversifying their reserves away from the dollar, with significant increases in gold repatriation and local currency settlements [14][16]. - The trend towards de-dollarization is evident as countries seek to establish a multi-polar financial system, reducing reliance on the US dollar [20][23]. Group 4: China's Financial Strategy - China is actively promoting the internationalization of the renminbi, with significant increases in the use of the currency for trade settlements, particularly in commodities like iron ore and oil [18][20]. - The growth of China's gold reserves is part of a broader strategy to enhance its influence in global finance and provide a financial safety net for neighboring countries [20][27]. - The recent surge in demand for Chinese sovereign bonds, with a subscription rate of 30 times for a $4 billion issuance, reflects growing confidence in China's financial stability compared to the US [23][25].